NatWest provides financing for battery storage project in Scotland

Financing Battery Storage announced United Kingdom Feb 5, 2024

GBP40M

Deal Value

50 MW

Capacity

NatWest provided £40 million in financing to Intelligent Land Investments Group (ILI Group) for a 50 MW battery storage project in Scotland.

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Counterparts (2)

Developer

Intelligent Land Investments Group (ILI Group)

Intelligent Land Investments Group (ILI Group) focuses on strategic land investments and development opportunities. They identify and acquire land positions with potential for future infrastructure and development projects.

Lender

company · 4 deals

NatWest provides banking and financial services to personal, business, and corporate customers. They offer financing solutions, including project finance and specialist asset finance, and are involved in sustainable finance initiatives.

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Timeline

Announced

Feb 5, 2024

Signed

Closed

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Source

www.natwest.com

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